Captain Gains and Losses

[deedee007]

In 2022 I had capital losses of $16K and only used $3K leave a carryover of $13K short term

and 

In 2023 I had a capital gain of $31K short tem - can I take all of $13K carryover from 2022 or I can only take $3K?

[DoninGA · Accepted solution]

All of the 2022 short term carryover can be used against the capital gain in 2023.

[deedee007]

Thank you after completing the tax return it does show all of the $13k was applied. I appreciate the quick response. You're the best!